Ecarx Technology increases its stake in Jika Intelligence

Ecarx Technology announced that it will increase its investment in Geely Intelligent Driving and acquire a controlling stake in the company. Geely Intelligent Driving focuses on the development of intelligent driving products and has full-stack R&D capabilities. This investment increase will help Ecarx Technology increase its penetration in the Geely ecosystem and other customer groups, accelerating revenue growth. The two parties will strengthen cooperation, with Ecarx Technology expanding its customer base and Geely Intelligent Driving providing intelligent products and services to Geely Auto.